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The power of sunspots: An experimental analysis
Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - 2011
We present an experiment in which extrinsic information (signals) may generate sunspot equilibria. The underlying coordination game has a unique symmetric non-sunspot equilibrium, which is also risk-dominant. Other equilibria can be ordered according to risk dominance. We introduce salient but...
Persistent link: https://www.econbiz.de/10010286691
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Information and beliefs in a repeated normal-form game
Danz, David N.; Fehr, Dietmar; Kübler, Dorothea - In: Experimental economics : a journal of the Economic … 15 (2012) 4, pp. 622-640
Persistent link: https://www.econbiz.de/10009704361
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The power of sunspots : an experimental analysis
Fehr, Dietmar; Heinemann, Frank; Llorente-Saguer, Aniol - 2011
We present an experiment in which extrinsic information (signals) may generate sunspot equilibria. The underlying coordination game has a unique symmetric non-sunspot equilibrium, which is also risk-dominant. Other equilibria can be ordered according to risk dominance. We introduce salient but...
Persistent link: https://www.econbiz.de/10009413032
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Equilibrium selection in similar repeated games : experimental evidence on the role of precedents
Duffy, John; Fehr, Dietmar - In: Experimental economics : a journal of the Economic … 21 (2018) 3, pp. 573-600
Persistent link: https://www.econbiz.de/10011942021
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Who knows it is a game? : on strategic awareness and cognitive ability
Fehr, Dietmar; Huck, Steffen - In: Experimental economics : a journal of the Economic … 19 (2016) 4, pp. 713-726
Persistent link: https://www.econbiz.de/10011659736
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Information and beliefs in a repeated normal-form game
Danz, David N.; Fehr, Dietmar; Kübler, Dorothea - In: Experimental economics : a journal of the Economic … 15 (2012) 4, pp. 622-641
Persistent link: https://www.econbiz.de/10010037535